# PPP loan: ZURCHER TIRE, INC
> **$1.94M** approved 04/27/2020 · Paid in Full · Loan `5568327209`
## Borrower
- **Name:** ZURCHER TIRE, INC
- **Address:** 101 N POLK ST, MONROE, IN, 46772-9375
- **NAICS:** 423990
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.94M
- **Initial approval:** $2.34M
- **Forgiven:** $1.96M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.94M
- **Jobs reported:** 316
## Lender
- **Originating:** Sturgis Bank & Trust Company
- **Servicing:** Sturgis Bank & Trust Company (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*